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Sheldon Adelson Gets Another Lawsuit from The Sun

Sheldon Adelson has no end to his problems as far as the legal suits are concerned. He, and his Las Vegas Sands Empire fighting a lawsuit in Macau. However, the Sun Media has now filed a lawsuit against Sheldon Adelson for contract violation and trying to suppress competition.
The Sun Media reported that Las Vegas Sands Empire has violated the Joint Operating Agreement. The report says that LVSE has attempted to eliminate profit and has tried to keep Sun Media from advertising. The media also accused Sheldon Adelson of keeping everyone off from talking anything bad about him or his company. His goal is allegedly to monopolize the local newspaper industry.

Joseph Alioto, a seasoned attorney who is representing Sun Media, has accused him of controlling newspaper. He said that during Nevada Elections, Sheldon wanted to control the daily newspapers and as the Presidential Election is coming, so he wanted to show his friend current President Donald Trump that Nevada is in his control.

The ownership of the Las Vegas Sands Empire was also under controversy. He acquired it in 2015 but no one was aware of the ownership until investigative journalism revealed the truth. This also raised questions about his purpose for the ownership of LVSE.

The Sun reportedly said that Anderson and Review-Journal have unlawfully claimed in Nevada to terminate the JOA to achieve monopoly. The Sun claimed that Anderson has tried to blot the Sun financially. The JOA would bring the end of Sun, claim the suit and said would create 100% monopoly and stiff all the dissenting views.

The JOA came into existence in 1970 which was introduced to keep the local newspapers competitive and alive. It was done to prevent any other entity to force out others from the business. The JOA between LVJA and the Sun is present since 2005.

Alioto added that Sheldon wants to stuff the voice of the Sun and ensure Review-Journal is the only newspaper. He termed it as a commercial element. The lawsuit demanded the immediate termination of abusive and unlawful practices of Mr. Sheldon and LVRJ. It also asks the media owners to relinquish the ownership of the editorial operations or to divest it to an independent trustee or different company operations.
After it was revealed that LVRJ is owned by Adelson, several reports feared for actions against them. The reporters fear that any column against Andelson might lead to their firing from a job.

Source: https://calvinayre.com/2019/09/26/casino/las-vegas-sands-sheldon-adelson-sued-for-suppressing-competition/

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About the author

Debopom Sanyal

Debopom Sanyal

Debopom is a web journalist and news enthusiast. He has been writing about world politics, science, health, finance, and technology. An avid sports enthusiast, Debopom has done his Masters in Finance and Bachelors in Engineering.

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